M2 Money Supply

The M2 Money Supply released by Qatar Central Bank measures all the money in circulation, demand deposits, term deposits and foreign currency deposits, including the impact of state stake sales. It is considered an important indicator of inflation, as monetary expansion adds pressure to interest rates. Generally speaking, an acceleration of the M2 money is considered positive (or bullish) for the Qatari Riyal (QAR), whereas a decline is seen as negative (or bearish).